Example Ordinance

Example Ordinance

Example Ordinance Disclaimer

As a result towards the state legislature’s failure to look at any substantive statewide legislation of credit access companies, a number of urban centers have actually used ordinances directed at ending the period of debt and helping borrowers to reach your goals in trying to repay their loans. As of the springtime of 2013, the towns that adopted ordinances were:

  • Austin
  • Balcones Heights
  • Dallas
  • Denton
  • El Paso
  • San Antonio

You can find apt to be more in the right period of the book. A few of these populou towns and cities – with the exception of Balcones Heights – happen sued because of the credit access business industry, with all the industry claiming that the metropolitan areas are preempted from managing credit access companies because the legislature provided any office of credit Commissioner (OCCC ) some authority to modify last year. (Balcones Heights has suspended enforcement of the ordinance pending the end result associated with San Antonio lawsuit.)